Donajor8

HOW TO TRADE LIKE THEM - TRADE WITH THE BANKS FOREVER

Donajor8 Updated   
SAXO:GBPCNH   British Pound/Offshore Chinese Renminbi
So a hiding gem is the bank saxo, where with them you can get the oldest documented digital graph of a pair. This allow us to see where the initial Money was placed..


So we see where the money was added. we see trillions of dollars added and stopped at these two levels so you better believe these are the extremes of the pair
Note he have a peak as a high. This high is the boundary of the pair thus the highest they will allow price to go currently . But what’s important here is that traditionally we can expect price to test this high or attempt before it decline . Also this give us the direction of the pair as cnh will be dominated so

So with this in mind we can place a pinned sale order at the low of the high with a sl above the high or even if we don’t snag the top we know now we can just wait for a bullish failure on the monthly and enter a short position. and really trade with the banks .. just make sure you start to cut me in on all the trades i send u or I’ll karma find you!! Cuz this one his is a Gold mine

HOW TO TRADE LIKE THEM-
Comment:
So from looking at saxo usdcnh we are currently in a pullback to the same type of trendline here as price broke above the trendline so price here broke below and if these pairs move similarly we may have a throwback up to the trendline even tho the current price action doesn’t support this yet I still thinks it’s best to trade as is the bearish signs here are very strong indeed
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.